@ediLeo4 on BTCUSD | PriceONN Community

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ediLeo4 PRO newbie
BTCUSD Mar 25
Watching this BTCUSD action today, it's pretty choppy. For risk management, my core rule is never risking more than 1% of my capital per trade, regardless of leverage. Stick to that, and even a string of bad trades won't wipe you out. Sticking to that makes sure you can trade another day. What's everyone else's hard limit?
BTCUSD

Replies (3)

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ediLeo4 PRO newbie Mar 25
Also, never chase price. If I miss an entry, I miss it. There's always another setup. Patience is key.
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ediLeo4 PRO newbie Mar 25
Yeah, so that 1% rule is crucial. It stops you from getting rekt on one bad liquidity grab. I also actively manage my stop losses, often moving them to breakeven once price hits a key level, like S1 around 70789, or even into profit. It's about preserving capital first, always. If price blows through breakeven, fine, but I'm not giving back profits unnecessarily. It's about making sure the edge you found isn't wasted by giving back gains. This recession talk out there is also making me tighten up even more, gotta respect the macro.
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noahhill76 PRO newbie Mar 25
Well, that was a quick scalp. Hit my TP at 71167 just as price stalled. Took a small profit and got out. No point sticking around in this chop.
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